Trilogy International Partners Inc. Completes Go-Private Transaction with SG Enterprises II, LLC

Trilogy International Partners Inc. ("TIP Inc.") announced the completion of its go-private transaction by SG Enterprises II, LLC ("SG"), an entity controlled by John W. Stanton and Theresa E. Gillespie. The acquisition was finalized through a court-approved plan of arrangement. SG acquired all issued and outstanding common shares of TIP Inc., except those already owned by SG, for US$0.07 per share, totaling US$5,020,332.10 paid to shareholders.

With the Supreme Court of British Columbia's final order on March 27, 2024, the Common Shares of TIP Inc. are set to be delisted from the TSX Venture Exchange around April 1, 2024. Steps are underway for TIP Inc. to cease being a reporting issuer in Canada and to terminate its reporting obligations in the United States. Shareholders are guided on exchanging their shares for the agreed consideration via a circular available on TIP Inc.'s SEDAR+ profile.

This transaction emerges under the guidance of SG's ownership, indicating a significant shift in TIP Inc.'s operational structure. The documentation and proceedings required for the arrangement are detailed on TIP Inc.'s regulatory filings, reflecting the transaction's adherence to relevant securities laws.